Co-financing in the green climate fund: lessons from the global environment facility

  title={Co-financing in the green climate fund: lessons from the global environment facility},
  author={Lianbiao Cui and Yi Sun and Malin Song and Lei Zhu},
  journal={Climate Policy},
  pages={95 - 108}
ABSTRACT Thus far, efforts of the Green Climate Fund (GCF) to mobilize finance have failed to meet the needs of developing countries for addressing climate change. How the GCF’s limited funds could be used to leverage additional financial resources has therefore become a key challenge. This study investigates whether the experience of the Global Environment Facility (GEF), especially with co-financing, could offer useful lessons. It analyzes 4,574 projects implemented by the GEF and… 

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